U.S. import prices rose 1.1% in September, exceeding economists’ 0.8% forecast. Annual import-price inflation reached 8.1%, the largest increase since July 2022. Imported fuel prices climbed 4.8%, ...

Oklahoma is funding a $7.75 million mission control and operations center at Infinity One Spaceport. The 15,000-square-foot facility will include a hangar, mission control, flight simulators and ...

$65 million development: Reuter Walton is proposing 180 affordable apartments on part of a 12.87-acre site at 1480 Third Ave. W. in Shakopee. Planning milestone: The city’s planning commission ...

AI data centers are increasingly exploring demand response, which allows facilities to reduce or shift electricity consumption when the grid is stressed, potentially helping utilities accommodate ...

New Mountain Capital bought the New Hope warehouse for $32.9 million. The 175,555-square-foot facility is used for pasta production by Dakota Growers Pasta Co. and Richardson International. Realty ...

The ISM services PMI fell to 54.9 in September from 55.4 in August, but remained firmly in growth territory. Business input prices reached their highest level in more than four years amid higher fuel ...

The U.S. 10-year Treasury yield climbed as high as 5.34%, its highest level since 2002, before retreating as bargain hunters entered the market. Bond yields surged globally as higher energy costs ...

The ISM manufacturing PMI edged down to 54.5 in September from 54.6 in August, remaining above the 50 mark that signals growth. New orders rose to 55.3 from 53.7, while backlogs increased as strong ...

The Albert, a 76-unit market-rate apartment building, is now complete at Highland Bridge. The project includes 8,500 square feet of ground-floor retail and four additional retail buildings. Weidner ...

The Fed is considering reindexing bank asset thresholds that trigger stricter capital, liquidity and stress-testing requirements. The highest threshold could rise from $700 billion toward $1 trillion, ...

GL Capital Partners paid $41.2M for Fairway Apartments. The Brooklyn Park property has 198 units. Weidner bought the property for $25.5M in 2014. The sale marks GL Capital’s first Minnesota purchase.

Federal Reserve officials believe inflation can decline without a significant increase in unemployment, provided inflation expectations remain anchored. PCE inflation stands at 3.7%, while the 4.1% ...